My EG Services Berhad Annual Report 2021

ANNUAL REPORT 2021 217 FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS ʹˢ˥ ˧˛˘ Ѓˡ˔ˡ˖˜˔˟ ˬ˘˔˥ ˘ˡ˗˘˗ ʦʤ ʷ˘˖˘ˠ˕˘˥ ʥʣʥʤ (CONT’D) 34. SHORT-TERM BORROWINGS The Group The Company 2021 2020 2021 2020 RM’000 RM’000 RM’000 RM’000 Term loans (Note 28) 18,325 18,025 18,325 18,025 Revolving credits 41,700 21,100 20,000 20,000 Block discounting (Note 29) 4,955 5,553 - - 64,980 44,678 38,325 38,025 The revolving credits of the Group and of the Company at the end of the reporting period bore contractual interest rates ranging from 3.56% to 5.36% (2020 - 3.66% to 5.36%) and 5.36% (2020 -5.36%) per annum respectively and are secured by:- (a) Facility Agreement between a subsidiary of the Company and bank, as principal instrument; (b) Corporate guarantee of the Company and certain subsidiaries; and (c) A specific charge over the building of the Company. 35. REVENUE The Group The Company 2021 2020 2021 2020 RM’000 RM’000 RM’000 RM’000 Revenue from Contracts with Customers Concession Based Services 59,608 70,043 6,101 6,360 Commercial Based Services and Products: - sale of goods 55,407 131,822 - - - services rendered 459,506 277,204 132,733 745 - concession related services 123,777 25,747 3,336 1,630 Interest income derived from financing receivables 17,193 19,238 - - Profit income derived from ijarah financing receivable 1,016 483 - - 716,507 524,537 142,170 8,735 Revenue from Other Sources Rental income 5,230 5,926 - - Dividend income 140 - 1,000 300,000 721,877 530,463 143,170 308,735

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